Target Property NE says ..

Property Oracle says ..

This property is a one-bedroom semi-detached house located in Gateshead, Tyne and Wear. The property benefits from being close to several primary schools, including Lobley Hill Primary School (Good Ofsted rating) and Emmanuel College (Outstanding Ofsted rating), both within a kilometre. Dunston train station is also conveniently located approximately 0.72km away, providing easy access to public transportation.

The property itself appears to be in good condition based on the provided images. The interior is presented in a modern style with recent décor. There is evidence of a well-maintained garden, which adds to the overall appeal.

Considering the average house price in the area is £275,146 and the average price per square foot is £234, the listing price of £110,000 for this one-bedroom semi-detached house appears significantly lower than the average. However, without knowing the square footage of the property, a definitive conclusion on value for money cannot be reached. Further investigation into comparable properties in the immediate vicinity is necessary to determine if the list price is truly reflective of the market value. The nearby properties on Otterburn Gardens show a wide range of prices, from £23,000 to £148,000, suggesting significant price variations within the street itself. This highlights the need for a thorough comparative market analysis to accurately assess the property’s value.

Based on the images provided, the property appears modern and well-maintained, with no obvious signs of needing renovation. The garden is a definite asset.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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